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Topspin In Major Layoffs, Says Report

socalTECH

Topspin did not detail the reason for the layoffs, or how many employees were affected by the move. Topspin has been very quiet since Beats Electronics hired away CEO Ian Rogers to head up Beats Music, its new streaming music service last year. topspin music media layoff jobs employment software' READ MORE>>.

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Qualcomm Confirms FLO TV Shutdown Plans, Layoffs

socalTECH

San Diego-based Qualcomm confirmed Tuesday evening that it is considering shutting down its FLO TV, mobile television service, after reports that the firm is planning to shut off the service. Qualcomm said it is suspending direct consumer sales of devices, and will continue maintaining the service until Spring 2011. READ MORE>>.

Layoffs 164
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United Online Cuts Staff

socalTECH

According to the firm, 71 of the employees are being cut from Classmates Media Segment, which includes Classmates.com, with the remaining 25 from its Communications Segment, which includes its dialup service. Tags: layoff jobs employment online united. The cuts are equal to five percent of the firm's overall workforce.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Buying the Kik messaging platform adds another social media weapon to the arsenal for MediaLab and its chief executive, Michael Heyward. Heyward was an early star of the budding Los Angeles startup community with the launch of the anonymous messaging service, Whisper nearly 8 years ago.

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Jaunt Abandons VR, Makes Big Cuts To Staff

socalTECH

Virtual reality studio and content producer Jaunt --which has a virtual reality content development effort in Los Angeles--said on Monday that it is "winding down" a number of its virtual reality products and content services, and switching its focus to augmented reality. Jaunt is based in San Francisco. READ MORE>>.

Content 113
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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

Even a million users on your social media site won’t pay the bills until you sell some advertising or a premium service. This means identifying initiatives early, communicating openly with your team, and asking for their help on the dilemmas of production cuts and layoffs. Everyone, including your Board, should have a role.

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How will you ride the next wave?

Berkonomics

We bypass the middle person for services and information. It won’t be long before another round of layoffs comes, and these new tools will create new jobs to fill the gap. The true value to us will be in analyzing unstructured data, estimated to be 80% of all data stored, from blogs, social media, pictures and video.

Mobile 156